Please find letter enclosed w.r.t. Outcome of Board meeting.
EXIDEIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Exide Industries Ltd Board approved audited standalone and consolidated financial results for FY26 ended 31 March 2026. Standalone revenue grew 4.1% to Rs. 17,269 Crores from Rs. 16,588 Crores, while PAT increased 3.2% to Rs. 1,111 Crores from Rs. 1,077 Crores. Q4 standalone revenue grew 9.4% YoY to Rs. 4,551 Crores with PBT growth of 22.6% YoY. The Board recommended a dividend of Rs. 2 per share (200% on face value of Re. 1). Statutory auditors B S R & Co. LLP issued an unmodified opinion with no modified audit report. The company disclosed an exceptional item of Rs. 9.04 Crores (standalone) related to new labour code implementation. The 79th AGM will be held on 10th July 2026.
Positive signals include consistent profitability growth, EBITDA margin expansion of ~50 bps to 11.7%, and a clean audit with no qualifications. The company maintains a strong balance sheet with zero debt and robust cash flow generation. However, revenue growth of 4.1% is modest and export business faced significant headwinds from geopolitical tensions.